Suppose the required reserve ratio is 0.12, the currency ratio is 0.6, and the excess reserve ratio is 0.03. If the Fed decreases the money base by $5 billion, the change in money supply will equal:
$15.34 billion
$10.67 billion
$9.87 billion

Answers

Answer 1

To determine the change in money supply, we need to use the money multiplier formula:Money Multiplier = 1 / Required Reserve Ratio

Given that the required reserve ratio is 0.12, the money multiplier is:Money Multiplier = 1 / 0.12 = 8.33

Next, we need to determine the change in the money base due to the Fed's actions. Since the excess reserve ratio is 0.03, banks hold $0.03 of every dollar in reserves, leaving $0.97 to be loaned out. Also, since the currency ratio is 0.6, only $0.4 of every dollar is held as deposits. Therefore, the initial money base is:

Initial Money Base = Excess Reserves + Required Reserves + Currency

Initial Money Base = (0.03 x $3000 billion) + (0.12 x $3000 billion) + ($65 billion x 0.4)

Initial Money Base = $90 billion + $360 billion + $26 billion

Initial Money Base = $476 billion

If the Fed decreases the money base by $5 billion, the new money base will be:

New Money Base = Initial Money Base - Decrease in Money Base

New Money Base = $476 billion - $5 billion

New Money Base = $471 billion

Finally, we can calculate the change in the money supply as follows:

Change in Money Supply = Money Multiplier x Change in Money Base

Change in Money Supply = 8.33 x (-$5 billion)

Change in Money Supply = -$41.65 billion

Therefore, the change in money supply due to the Fed's actions will be a decrease of $41.65 billion.

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Related Questions

Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and equipment worth php250,000.00

Answers

Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.  

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

The readings for this week discuss different aspects of the alignment between IT and the rest of the organization. How important is IT-Business alignment? What do you think are effective ways to achieve IT-Business alignment? Why is IT-Business Alignment so difficult?

Answers

IT-Business alignment is important because it makes for:

Speed, Accuracy, and ResponsivenessTo achieve IT-Business alignment, the staff should be educated on the latest trends in IT. If possible, they should also be taught the best practices.IT-Business Alignment is difficult because of people's unwillingness to learn and incorperate the best practices in business and technology.

What is IT-Business Alignment?

IT-Business alignment refers to the synergy between information technology and business. Since the world is moving towards a technology-based society, responsive businesses are also incorperating this facet of life.

IT-Business alignment will help businesses to be more responsive.

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1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?
Why?

Answers

Answer:

They have a negative cash flow.

Explanation:

Because their net operating activities is not breaking even, in other words, they are losing money.

Charitable donations, entertainment expenses, and
financial goals are all examples of...
things to consider when creating a budget.
things that are considered needs.
activities that contribute to overspending.
activities that are necessary for a healthy lifestyle.

Answers

Answer: Things to consider when creating a budget.

Explanation: Trust me bro

Giving donations, entertainment costs, and financial goals are all examples of the things to consider when creating a budget. As donation and entertainment expenses can be the measures to control the budgeting.

How making budget is helpful?

Budget keeps the person spending tightly accurate to the mark and like to help in saving of the money. It facilitates the person income and expenses equally and shows how much person can spend on the specific thing.

Budget cuts the extra expenses of the person and provide the measurement of spending.

Thus, option A is correct.

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Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only retail stores. You are an accountant and during your examination of the financial statements of Costco for the year ended December 31, Year 1, you discover net income in Year 1 is $25,000 but no adjusting entries have been prepared. Now you have to prepare the adjusting entries for Costco, and before you do so you discover the following items: a. An insurance policy covering three years was purchased by Costco on January 1, Year 1, for $2,100. The entire amount was debited to insurance expense. b. During Year 1, Costco Wholesale received a $500 cash advance from a customer for services to be provided in Year 2. The $500 was credited to sales revenue. c. All Costco's purchases of supplies were debited immediately to supplies expense. However, you discover that supplies costing $400 were on hand on December 31. d. Costco also borrowed $10,000 from a local bank on October 1, Year 1. Principal and interest at 12% will be paid on September 30, Year 2. No accrual was recorded for interest.

Answers

The financial statements for Costco Wholesale Corporation, adjusting entries need to be prepared. These include recognizing prepaid insurance for two years ($1,400) and adjusting insurance expense accordingly, deferring the $500 cash advance as unearned revenue.

Adjusting entries are necessary to ensure that financial statements accurately reflect the financial position and performance of a company. In this case, several errors and omissions were identified. First, the insurance policy purchased for three years needs to be recognized as a prepaid expense. Since one year has already elapsed, the adjustment involves reducing insurance expense by $700 ($2,100/3) and recognizing a prepaid insurance asset of $1,400 ($2,100 - $700).

Next, the $500 cash advance received for services to be provided in Year 2 should be recorded as unearned revenue, as it represents an obligation to provide future services. This adjustment reduces sales revenue by $500 and establishes a liability for unearned revenue.

The supplies costing $400 on hand at the end of the year were initially expensed, but they should be recognized as an asset. This adjustment reduces supplies expense by $400 and recognizes a supplies asset of the same amount.

Lastly, interest expense needs to be accrued for the loan from the bank. The $10,000 loan at a 12% interest rate for one year results in $1,200 of accrued interest expense.

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Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights

Answers

Answer: EEOC: Equal Employment Opportunity Commission

Explanation:

Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights

The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.

PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.

Answers

The amount you pay each month is set by the terms of your mortgage.

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

ж I NEED HELP!
Read the whole question Before answering!

Q. Imagine you are a fashion designer. Research on how to start your own fashion clothing brand.
Write down the process you need to follow to start your own fashion clothing brand.
Think about the conditions one has to meet to ensure the quality of the clothes (manufacturing and the cost of clothes).
If possible draw the flow chart to describe the steps, which will be taken by the fashion designer (or you) in making a decision.

I might give Brainliest to the one who answers correctly along with the flow chart.

Answers

The process you need to to start a fashion clothing brand.

Fist step is to recognized the fashion need in the market. Create your business plan. Know your specific audience. Start drawing and then designing the clothlook for a good clothing makerChoose and Make a brand name, logo, etc.Set a target price and start marketing/distribution process..

What is Clothing Brand?

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

Note that by flowing the steps above, one can make a great fashion brand in the long run.

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Interest is defined as

Answers

Answer:

in·ter·est

/ˈint(ə)rəst/

Learn to pronounce

See definitions in:

All

Commerce

Law

noun

1.

the state of wanting to know or learn about something or someone.

"she looked about her with interest"

Similar:

attentiveness

undivided attention

absorption

engrossment

heed

regard

notice

scrutiny

curiosity

inquisitiveness

enjoyment

delight

Opposite:

boredom

2.

money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

"the monthly rate of interest"

Similar:

dividends

profits

returns

a percentage

Explanation:

Answer:

the feeling of wanting to know or learn about something or someone

together, supply and demand will determine group of answer choices both the quantity of each good produced and the price at which it is sold. the quantity of each good produced, but not the price at which it is sold. the price at which each good is sold, but not the quantity of each good produced. neither the quantity of each good produced nor the price at which it is sold.

Answers

Supply and demand together determine both the quantity of each good produced and the price at which it is sold.

Supply and demand are fundamental factors that influence the market dynamics of goods and services. When the demand for a product increases, suppliers tend to produce more to meet the demand, leading to an increase in the quantity produced. On the other hand, when demand decreases, suppliers may reduce production. Similarly, prices are determined by the interaction of supply and demand. If demand exceeds supply, prices tend to rise, whereas if supply exceeds demand, prices may decrease. Therefore, the interaction of supply and demand determines both the quantity of goods produced and the price at which they are sold in a market economy.

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Why miscommunication and misunderstanding happen

Answers

Answer:

misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .

Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration

Answers

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.

What is immigration?

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

Good governanceSecurityBetter living conditions.WorkJobsSocial amenities

What is a foreign direct investment?

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

l

l

Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Drag each option to the correct location.Match the scenarios to the factors that affect the labor market.foreign

An Aribraska resident who earns $32,000 would owe how much in taxes? a. $1,300 b. $1,600 c. $1,740

Answers

They would owe $1,920 x 6% = $1,300 in taxes. Answer: a.)  $1,300

An Aribraska resident who earns $32,000 would owe $1,300 in taxes. Explanation:To determine how much an Aribraska resident who earns $32,000 would owe in taxes, we need to consider the tax brackets for Aribraska, which are as follows:

2% on the first $4,999 of taxable income 3% on taxable income between $5,000 and $9,999 .

4% on taxable income between $10,000 and $19,999 5% on taxable income between $20,000 and $29,999 6% on taxable income between $30,000 and $39,999 7% on taxable income between $40,000 and $49,999 8% on taxable income between $50,000 and $74,999 9% on taxable income between $75,000 and $99,999 10% on taxable income over $100,000..
If an Aribraska resident earns $32,000, they fall into the 6% tax bracket, which means they owe 6% of their taxable income in taxes. To determine their taxable income, we need to subtract any applicable deductions from their gross income.Gross income - deductions = taxable income.

Assuming no deductions, the taxable income for someone who earns $32,000 would be $32,000.Substituting into the formula:

Taxes owed = tax rate x taxable income

Taxes owed = 0.06 x $32,000

Taxes owed = $1,920

The taxes owed is $1,920, but we need to remember that only a portion of their income is taxable.

So, we need to subtract any applicable deductions before calculating the taxes owed.

If there are no deductions, then the Aribraska resident who earns $32,000 would owe 6% of their taxable income in taxes.

Therefore, they would owe $1,920 x 6% = $1,300 in taxes. Answer: a.)  $1,300

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Which of the following could be considered collateral for a loan? (Select all that apply.)
A. buildings
B. inventory
C. machinery
D. wages

Answers

Option B: inventory

Collateral is simply an asset, such as a car or home, that a borrower offers up as a way to qualify for a particular loan. collateral can make a lender more comfortable extending the loan since it protects their financial stake if the borrower ultimately fails to repay the loan in full.

The biggest risk of a pawn loan is that you can lose your assets if you don't repay the loan. it's especially dangerous if you back your loan with a very valuable asset like your home. It requires you to have valuable assets.

many banks and credit unions offer savings accounts, certificates of deposit (CD) funds, or secured personal loans, which are personal loans secured by your car. for this reason, these loans are sometimes referred to as mortgages. often there is no limit to these types of credits.

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(20 points) Today’s music world offers a wide variety of career options, from performers to people who produce and engineer recordings to music educators and more. Think about what interests you most and select one job in the current field of music that is appealing. Do some research and then answer the questions. Music career you selected: 1. What skills and training are required for this job?

Answers

Answer: I am there

Explanation: Music  Producer and engineer, why?

I am a band singer and love music and it comes from many generations in my family . I love what I am learning in college about music, mixing and master of music .Not to mention the Business end of with copywriting  of said music . You must be able to produce songs and albums for clients and make their content sound the absolute best it can.

what are the two general areas of specialization in accounting?

Answers

Answer:

Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...

Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...

Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.

Explanation:

What does indigenous technology mean?​

Answers

Answer: I hope this is helpful mark brainlist if right then no if wrong

Explanation:

Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.

Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?
Α.
2030
B.
2040
C.
2045
D
2050

Answers

Answer:

The correct answer is: D. 2050

Explanation:

Answer: 2050

Explanation:  Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.

Thus, 2020 + 30 years = 2050

If, as an entrepreneur, i am earning accounting profits of $80,000 per year and the opportunity cost of my time is $80,000,.

Answers

Earning economic profit of $0 .

Economic profit is calculated as revenue minus explicit costs minus opportunity cost.

What Is Profit (or Loss) in the Economy?

The difference between the proceeds from the sale of a product and the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss. Opportunity expenses and explicit costs are subtracted from earned revenues to determine economic profit.

Economic profit is the worth of cash flow created above all other opportunity costs, whereas accounting profit is a company's net earnings on its income statement.

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QUESTION 5 1 POINT Assume the following: • National Income (Y) = $1750 • Tax Rate (T) = 0.25Y • Consumption (C) = $500 +0.75(Y - T) • Investment (I) = $500 Government (G) = $250. • Exports (

Answers

The aggregate expenditure of this economy is $1750.

Aggregate expenditure is a key concept in macroeconomics as it helps analyze the overall level of economic activity and its relation to national income. It represents the total demand for goods and services in an economy and provides insights into factors that drive economic growth or contraction.

The aggregate expenditure of this economy can be calculated by summing up the components of expenditure: consumption (C), investment (I), government spending (G), and net exports (NX).

Using the given values:

C = $500 + 0.75(Y - T)

I = $500

G = $250

NX = X - M = $500 - 0.5Y

Substituting the given values into the equation for aggregate expenditure:

Aggregate Expenditure = C + I + G + NX

Aggregate Expenditure = ($500 + 0.75(Y - T)) + $500 + $250 + ($500 - 0.5Y)

Simplifying the expression:

Aggregate Expenditure = $500 + 0.75Y - 0.75T + $500 + $250 + $500 - 0.5Y

Since T = 0.25Y, we can substitute this value in the equation:

Aggregate Expenditure = $500 + 0.75Y - 0.75(0.25Y) + $500 + $250 + $500 - 0.5Y

Simplifying further:

Aggregate Expenditure = $500 + 0.75Y - 0.1875Y + $500 + $250 + $500 - 0.5Y

Combining like terms:

Aggregate Expenditure = $1750

Therefore, this economy's overall expenditure is $1750.

The complete question is

Assume the following: • National Income (Y) = $1750 • Tax Rate (T) = 0.25Y • Consumption (C) = $500 +0.75(Y - T) • Investment (I) = $500 Government (G) = $250. • Exports (X)= $500 • Imports (M) = 0.5Y What is aggregate expenditure of this economy? (Round to whole number.) Provide your answer below:


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Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment? Yuri must check his credit history. Yuri must know the interest rate on a furniture loan. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments. Yuri must check his credit card balance.

Answers

Answer:

C. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

Explanation:

There are different ways to make payment. What he must consider  is that Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

What is checking account?

A checking account is known to be a  type of bank account that allows a person to make deposit and withdrawal of their  money for daily transactions very easy.

This also include when one deposit a check that one receive, taking out cash from the account with your debit card and others. He must make sure he has enough left in his checking account before ordering.

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classify the following items as direct materials, selling and administrative expense, factory overhead, or direct labor.

Answers

a. Factory overhead, b. Selling and administrative expense, c. Direct materials, d.  Factory overhead, e. Direct labor, f.  Direct materials, g. Selling and administrative expense, h. Selling and administrative expense, i. Factory overhead j. Selling and administrative expense and k. Selling and administrative expense respectively.

a. Rent expense on factory building: Factory overhead

Rent expense on the factory building is considered part of factory overhead because it directly relates to the production process. It is an indirect cost that supports the manufacturing operations.

b. Sales supplies used: Selling and administrative expense

Sales supplies used are typically associated with the selling and administrative functions of a company. These expenses are necessary for marketing, sales, and administrative activities related to the promotion and distribution of products or services.

c. Factory supplies used: Direct materials

Factory supplies used in the production process, such as raw materials or components, are classified as direct materials. They are directly involved in the manufacturing of the final product.

d. Indirect materials used: Factory overhead

Indirect materials, such as lubricants, cleaning supplies, or small tools used in the production process, are considered part of factory overhead. They are necessary for manufacturing but do not become an integral part of the final product.

e. Wages of assembly line personnel: Direct labor

Wages paid to assembly line personnel who directly contribute to the production of goods are classified as direct labor. These employees are directly involved in the manufacturing process and their wages are directly attributable to the cost of producing the product.

f. Cost of primary material used to make the product: Direct materials

The cost of the primary material used to make a product is classified as direct materials. It refers to the main component or raw material that becomes an integral part of the final product.

g. Depreciation on office equipment: Selling and administrative expense

Depreciation on office equipment is considered a selling and administrative expense because it relates to the administrative operations of the company. It includes the wear and tear or obsolescence of office equipment used for non-production purposes.

h. Rent on office facilities: Selling and administrative expense

Rent on office facilities is part of selling and administrative expenses. It includes the cost of renting office spaces for administrative operations, sales activities, and other non-production-related functions.

i. Insurance expired on factory equipment: Factory overhead

Explanation: Insurance expenses related to factory equipment are considered part of factory overhead. These costs protect the assets used in the manufacturing process and are necessary to ensure the smooth operation of the factory.

j. Utilities incurred in the office: Selling and administrative expense

Explanation: Utilities incurred in the office, such as electricity, water, or internet expenses, are classified as selling and administrative expenses. They are associated with the administrative functions and support the day-to-day operations of the office.

k. Advertising expense: Selling and administrative expense

Explanation: Advertising expenses are considered selling and administrative expenses. They include costs incurred for marketing and promotional activities to create awareness, attract customers, and generate sales for the company's products or services.

The complete question should be:

Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor:

a. Rent expense on factory building

b. Sales supplies used

c. Factory supplies used

d. Indirect materials used

e. Wages of assembly line personnel

f. Cost of primary material used to make product

g. Depreciation on office equipment

h. Rent on office facilities

i. Insurance expired on factory equipment

j. Utilities incurred in the office

k. Advertising expense

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pls i need your help. i will literally do anything!! (15pts)


Taking a loan out from a bank is part of the ____ step of starting a new business.
A. implementing a business structure
B. creating a business plan
C. finding funding
D. conducting research

A P E X

Answers

Answer:

finding funding I got it wrong and that was the correct answer FINDING FUNDING

Taking a loan out from a bank is part of the finding funding step of starting a new business. Thus, option C is correct.

What is a loan?

A loan is a mutual fund that enables a user can access a defined sum of money at the beginning of the transaction on the understanding that this quantity, with the agreed-upon interest, would be paid back within a given time frame.

Get the personal loan registration form, and fill it out with the necessary information. produce the necessary documentation The lenders will then review the paperwork and determine the applicant's creditworthiness.

Finding finance for a startup company includes taking out a loan from a financial institution. As to start a business a person may need some kind of loan amount so that they would be able to have a capital venture in the business.

Therefore, option C is the correct option.

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Jones corporation reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. the working capital is:________

Answers

The working capital of Jones Corporation, with current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet, is $56,000.

What is the working capital?

The working capital is the difference between current assets and current liabilities.

The working capital represents the funds available for meeting short-term obligations.

Some of the items used for calculating the working capital include:

Cash and Cash EquivalentsAccounts ReceivableInventoryAccounts Payable.

Data and Calculations.

Current assets = $193,000

Current liabilities = $137,000

Working capital = $56,000 ($193,000 - $137,000)

Thus, Jones' working capital is $56,000.

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Ayayai Mining Company purchased land on February 1, 2020, at a cost of $1,038,200. It estimated that a total of 57,900 tons of mineral was available for mining. After it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at $111,600. It believes it will be able to sell the property afterwards for $124,000. It incurred developmental costs of $248,000 before it was able to do any mining. In 2020, resources removed totaled 28,950 tons. The company sold 21,230 tons.
Compute the following information for 2020.
(a) Per unit mineral cost $
(b) Total material cost of December 31, 2020, inventory $
(c) Total material cost in cost of goods sold at December 31, 2020 $

Answers

Answer:per unit mineral cost = $ 22 per ton

Total material cost of December 31, 2020, inventory= $ 169,840

Total material cost in cost of goods sold at Dec 31,2020= $ 467,060

Explanation:

Details on the property                Amount

Add:

Purchase cost                            $ 1,038,200

Restoration cost                              $  111,600

Development cost                           $  248,000

Deduct:

Sales value on the property             $124,000

Total material cost                           $1,273,800

Given that 57,900 tons are mined

a)

Per unit mineral cost = 1,273,800/57,900 = $ 22 per ton

b) Total material cost of December 31, 2020, inventory

Ending Minerals in inventory at Dec 31st 2020  = Tonnes mined – tonnes sold  = 28,950-21,230 = 7, 720

therefore, total material cost of inventory = 7,720 x 22 = $ 169,840

Total material cost in cost of goods sold at Dec 31,2020

cost per ton  = $22

goods sold = 21,230

therefore total material cost of goods sold = $22 x 21,230  = $ 467,060

If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he plants 2 bags, he gets 9 bushels. If he plants 3 bags, he gets 12 bushels. A bag of seeds costs $120, and seeds are his only cost. Farmer Brown's total-cost curve is: __________

a. increasing at a constant rate.
b. increasing at an increasing rate.
c. increasing at a decreasing rate.
d. decreasing.

Answers

Answer:

B

Explanation:

The numbers keep changing and it should all add up evenly not oddly and its not worth the money anymore.

Supply-chain activities must be well coordinated in order to achieve the lowest total logistics cost. If only one of the activities is optimized, ________ may increase the total cost.

Answers

Supply-chain activities must be well coordinated to achieve the lowest total logistics cost. If only one of the activities is optimized, trade-offs may increase the total cost.

What are supply-chain activities?

Supply-chain activities involve the manufacturing and procurement activities of a company with multiple manufacturers, suppliers, and retail companies.

On the other hand, logistics, which is associated with supply chains, refers to the distribution activities in one company only.

Thus, if only one of the activities is optimized, trade-offs may increase the total cost.

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Solar Energy Consulting paid $150.000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $30,000, the building $40,000, and the equipment $32,000. Journalize the lump-sum purchase of the three assets for a total cost of $150,000, the amount for which the business signed a note payable (Record a single compound journal entry Record debes first then credits Select the explanation on the tast line of the journal entry table)

Answers

Journal Entry:

Debit: Land $30,000

Debit: Building $40,000

Debit: Equipment $32,000

Credit: Note Payable $150,000

In this compound journal entry, the debits represent the individual values of the land, building, and equipment.

The land is debited for $30,000, the building for $40,000, and the equipment for $32,000. These amounts reflect the market values of each asset at the time of acquisition. On the other hand, the credit entry represents the amount paid for the lump-sum purchase, which is $150,000. This is recorded as a liability called Note Payable, indicating that the business has signed a note to pay this amount in the future. By debiting the individual assets and crediting the Note Payable, the journal entry properly records the acquisition of the three assets and the associated financing arrangement through a single entry.

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The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?

Answers

Answer:

Document ways diversity played a crucial role for business in the past

Explanation:

River rafting refers to the activity of moving quickly in a small boat along rivers

The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.

But the employees are a little resistant to his plan.

For this document ways, diversity has played a crucial role in business in the past.

So, he can follow such ways.

An economy in the steady state has a marginal product of capital of 9 percent, a rate of depreciation of 3 percent, a population growth rate n of 1 percent, and rate of technological progress of g = 1 percent. According to the text, this economy could _____ in order to achieve the Golden Rule capital per effective worker.

Answers

The  economy could invest 34.78% of its output per effective worker in capital per effective worker to achieve the Golden Rule capital per effective worker.

Golden Rule Capital:

The Golden Rule capital per effective worker is the level of capital per effective worker that maximizes consumption over time. It is the level of capital per effective worker that allows for the highest possible consumption in every period of time.To achieve this, the economy must increase its investment in capital per effective worker.

This investment will increase the productivity of the economy, allowing for more output to be produced for every unit of labor input.

As the productivity of the economy increases, the economy will be able to produce more goods and services, which will lead to higher consumption levels over time.In order to calculate the level of investment required to achieve the Golden Rule capital per effective worker, we need to use the following formula:

k* = (1/3 + n + g) / (1 + n) * y

Where : k* = the level of capital per effective worker that maximizes consumption over time

y = output per effective worker

k = capital per effective worker

n = population growth rate

t = technological progress rate

g = marginal product of capital - rate of depreciation

Given the values of the marginal product of capital (g) = 9%, the rate of depreciation = 3%, the population growth rate (n) = 1%, and the rate of technological progress (t) = 1%, we can calculate the level of investment required to achieve the Golden Rule capital per effective worker as:

k* = (1/3 + 0.01 + 0.01) / (1 + 0.01) * y

k* = 0.3478 * y

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